Retail sales provide us with a snapshot of consumer spending and how the changes in consumer spending affect the different industries in the retail sector. When observing the recent month of May 2023 when compared year over year with May 2022 shows nominal growth in sales for 14 of the 18 industry categories, which totaled...Read More
Retail sales provide us with a snapshot of consumer spending and how the changes in consumer spending affect the different industries in the retail sector. When observing the recent month of May 2023 when compared year over year with May 2022 shows nominal growth in sales for 14 of the 18 industry categories, which totaled...Read More
Bankruptcy data holds a treasure trove of insights into Puerto Rico’s intricate financial and economic landscape. Delving into this data not only provides a window into the Island’s fiscal challenges, economic trends, and regulatory dynamics but also unveils a narrative of resilience and adaptation among local businesses. It stands as a vital instrument, offering a...Read More
The retail analysis of Puerto Rico’s economic landscape holds paramount importance, as it serves as a crucial indicator of our economy’s expansion. An increase in retail sales signals a robust and thriving economy, whereas a decline indicates the opposite. Examining the total retail sales for the period between April 2022 and April 2023, we observe...Read More
The retail analysis of Puerto Rico’s economic landscape holds paramount importance, as it serves as a crucial indicator of our economy’s expansion. An increase in retail sales signals a robust and thriving economy, whereas a decline indicates the opposite. Examining the total retail sales for the period between April 2022 and April 2023, we observe...Read More
Puerto Rico’s restaurant sector has experienced a remarkable evolution in recent years, showing significant improvement in several areas. From the aftermath of the devastating Hurricane Maria in 2017 to the present day, Puerto Rico’s culinary landscape has not only recovered but has also thrived. According to the Bureau of Labor Statistics, the number of restaurants...Read More
Puerto Rico’s restaurant sector has experienced a remarkable evolution in recent years, showing significant improvement in several areas. From the aftermath of the devastating Hurricane Maria in 2017 to the present day, Puerto Rico’s culinary landscape has not only recovered but has also thrived. According to the Bureau of Labor Statistics, the number of restaurants...Read More
In the dynamic world of retail sales, understanding market trends and identifying growth opportunities is essential for businesses to thrive. Puerto Rico, a vibrant island with a resilient retail sector, offers a promising landscape for entrepreneurs and investors. There are many sectors in the retail industry that one should look at when entering this type...Read More
In the dynamic world of retail sales, understanding market trends and identifying growth opportunities is essential for businesses to thrive. Puerto Rico, a vibrant island with a resilient retail sector, offers a promising landscape for entrepreneurs and investors. There are many sectors in the retail industry which one should look at when entering this type of business....Read More
The retail sector is a crucial component of any economy, providing insights into consumer spending patterns and overall economic health. In this economic report, we analyze the performance of various retail categories in March 2023 compared to the same period last year. The data presented offers valuable information on the growth or decline of specific...Read More
